Franchise owner vs store manager

The differences between franchise owners and store managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a franchise owner and a store manager. Additionally, a franchise owner has an average salary of $49,588, which is higher than the $46,950 average annual salary of a store manager.

The top three skills for a franchise owner include commercial cleaning, senior care and customer service. The most important skills for a store manager are store management, retail store, and customer service.

Franchise owner vs store manager overview

	Franchise Owner	Store Manager
Yearly salary	$49,588	$46,950
Hourly rate	$23.84	$22.57
Growth rate	6%	6%
Number of jobs	91,048	446,127
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 48%
Average age	44	44
Years of experience	6	6

Franchise owner vs store manager salary

Franchise owners and store managers have different pay scales, as shown below.

	Franchise Owner	Store Manager
Average salary	$49,588	$46,950
Salary range	Between $39,000 And $62,000	Between $30,000 And $73,000
Highest paying City	New York, NY	Washington, DC
Highest paying state	New Jersey	Delaware
Best paying company	Mac Tools	Meta
Best paying industry	Construction	Manufacturing

Differences between franchise owner and store manager education

There are a few differences between a franchise owner and a store manager in terms of educational background:

	Franchise Owner	Store Manager
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 48%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Franchise owner vs store manager demographics

Here are the differences between franchise owners' and store managers' demographics:

	Franchise Owner	Store Manager
Average age	44	44
Gender ratio	Male, 69.0% Female, 31.0%	Male, 51.2% Female, 48.8%
Race ratio	Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5%	Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.1% Asian, 6.3% White, 67.6% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	10%

Differences between franchise owner and store manager duties and responsibilities

Franchise owner example responsibilities.

Manage preparation and growth of monthly email newsletter, Facebook interface.
manage all account payable and accounts receivable, A/P aging, A/R aging.
Manage website and administer social media platforms such as Facebook to boost traffic and business sales.
Own and manage apartment community; perform scheduling, data entry, marketing, A/P, A/R, payroll and advertising.
Manage complete operation of the HVAC and refrigeration service company
Direct day-to-day business operations, including payroll, inventory control, and profit/loss statements.

Store manager example responsibilities.

Store achieve highest UPT in company for FY11.
Assist the DM and help to manage the district in her absence.
Manage the store's inventory with GNC guidelines; receiving, checking and shelving all merchandising orders.
Train and develop to manage multi-unit operations.
Create implementation plans to support execution of Starbucks initiatives to achieve both operational excellence and business results.
Develop and implement operational strategies utilizing less payroll expenses and allot hour usage to accomplish logistical and operational excellence.

Franchise owner vs store manager skills

Common franchise owner skills

Commercial Cleaning, 57%
Senior Care, 30%
Customer Service, 3%
Payroll, 2%
Franchise Business, 1%
Financial Statements, 1%

Common store manager skills

Store Management, 8%
Retail Store, 5%
Customer Service, 5%
PET, 5%
Loss Prevention, 5%
Sales Floor, 4%